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Oakwood, PA vs Wanamie, PA

81
Oakwood
Pennsylvania
VS
-3.9%
84
Wanamie
Pennsylvania

Oakwood, PA and Wanamie, PA have a very similar cost of living, with only a 3.9% difference in their overall index. Oakwood scores 81 while Wanamie scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Oakwood is $1,261/month compared to $1,263/month in Wanamie — a 0% difference. Home values follow the same pattern: Oakwood is more affordable at $112,500 median vs $157,600.

Median household income in Oakwood is $72,273 compared to $49,700 in Wanamie (+45.4%). Oakwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Oakwood spend roughly 20.9% of their income on rent, less than the 30.5% in Wanamie. The Oakwood ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Oakwood
81
4% cheaper
Wanamie
84
Median Household Income
Oakwood
$72,273
31% higher
Wanamie
$49,700

Housing

Median Rent
Oakwood
$1,261
Wanamie
$1,263
Median Home Value
Oakwood
$112,500
29% cheaper
Wanamie
$157,600
Population
Oakwood
2,263
Wanamie
762

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Oakwood $3.01
Wanamie $3.01
US $3.07
🥚
Eggs (grade A, large)
Oakwood $2.46
Wanamie $2.46
US $2.50
🥛
Milk (whole)
Oakwood $3.96
Wanamie $3.96
US $4.03
🍞
Bread (white)
Oakwood $1.82
Wanamie $1.82
US $1.85
🍗
Chicken breast
Oakwood $4.07
Wanamie $4.07
US $4.14
Electricity
Oakwood $0.22
Wanamie $0.22
US $0.19